Right on the border with Western Europe, countries in South East and Eastern Europe, South Caucasus and Central Asia have enormous potential for renewable energy, but it remains largely untapped. A stark contrast to the situation a few kilometres further North and West. The region’s fossil-fuel and nuclear subsidies are among the highest in the world. The subsidies and accompanying low electricity prices translate to an unrealistic cost of capital (and other major barriers) discouraging investment in clean energy. In Part 1, Komila Nabiyeva explains the barriers to, and possible drivers for, a meaningful transition in the region.
About Komila Nabiyeva
Komila Nabiyeva is a freelance journalist, reporting on climate change and energy issues. She has worked as a communications consultant, moderator and trainer and has organized workshops on climate and energy issues for the United Nations and other organizations. Currently, she is coordinating the work of the Energy Watch Group, an international network of scientists and parliamentarians
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